Although the Don’t be afraid to get hot shirt tax cuts have caused strong growth for Gross Domestic Product, it has been steadily decreasing by the end of 2018, and now GDP growth has been similar to when Trump took office, and real is a little lower. Now look here: Look at 1969, 1999 and 2019. When you look at the unemployment chart at the beginning of this answer, you’ll see that those three years all saw unemployment below 4.0%. You’ll also find that, due to the low unemployment rate that led to increased tax revenues and less spending on welfare programs, the budget was in surplus in 1969 and 1999. But in 2019, thanks to tax cuts of Trump, the operating budget deficit is about 4% of GDP and is expected to do so in the next decade.